Shorting Potential: - Double top - Price has rejected major resistance. - Price came back to re-test local up trendline and rejected it. - Price rejected the 618 level. - Evening Star pattern + Now we have just closed with an engulfing bearish candle signalling a shorting potential. - Divergence in RSI on 2HR TF and slowing buying momentum signalling a change...
CHFJPY has repeatedly failed to breach the 143.3 resistance level. Recently, price broke below an uptrend line and bear candles have formed. I expect price to fall to the 139 level during the month of September. Remember to trade wisely and use proper risk management.
Hello,Traders! CHF-JPY fell sharply and is now Making a rebound from a local Horizontal support, and I think We might see a bit more upward movement But the setup is risky indeed Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello Traders! CHFJPY reached a mass psychology at 138.917 since 2015 and currently ranging above it with a corrective behavior. We might see in the long term an upside move heading towards the upper trend line at 157.000 level. I personally took my short position on CHFJPY as a hover / double top (15 mins chart) at 143.292 level. Given that the price of...
Swiss Franc/Japanese Yen wasn't able to break the resistance line successfully and made a Double Top pattern. I expect that the Swiss Franc/Japanese Yen will go down at least to the Double Top pattern's target. 🔅Swiss Franc/Japanese Yen Analyze ( CHFJPY ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to...
well here we have a good point where we can take a sell entry with the target of 50+ pips easily
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
This is now a big question for all the traders in CHFJPY. Chfjpy is repeatedly hitting the 143.40 resistance mark. This is now a triple top scenario but it is not yet certain if the price will reverse or if CHFJPY will breakout. If it reverses, then of course, 138 will be the target for the sellers. But, we need a big bearish impulse at the resistance level to...
Hello, Friends! A recent breakout signals That the bears are still strong And I am growing in confidence That a bearish selloff is coming! SELL! ✅LIKE AND COMMENT MY IDEAS✅
✅CHFJPY is moving sideways and has now reached the resistance level. I expect a rebound from the resistance level.✅ 🚀 SELL scenario: short to the support level.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
After a good correction, it still holds its downtrend and this could present us with a good R/R trade. be profitable🤑
Long Call! OANDA:CHFJPY Hello Traders! CHF/JPY has been sideways for some days, and now it has broken it from the upper side! RISK REWARD: Close half of the lot with RR=1:1, move SL to breakeven, and then wait for the remaining lot to hit target 2! Best of Luck! Your feedback would be appreciated!
Hello,Traders! CHF-JPY is trading in a range Between the resistance and support levels And after another retest of the resistance We are seeing a bearish reaction So a move down is probable Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hi, This setup is playing out nicely, we saw a strong wick on the daily get rejected by the resistance at 143, We've now seen the trend line break and entered own the 4H pullback. I believe this is a very strong chance to easily make 2R+ GL if you join
Hello,Friends! CHFJPY current trading paterns are clearly pointing In the direction of a short trade That is why I am bearish on the CHFJPY pair And I think it will go down! Like and subscribe and comment my ideas if you enjoy them!
The CHFJPY price is in Daily Resistance Level and bearish Rising Wedge Pattern🧐 the key level is broken and Retested ✔ so, i predict a bearish move 📉 TARGET: 138.568 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Possibe downtrend ahead for the rest of the week. We still need to watch for the retedt level before sell entries.
price action trend wave analysis snr break out range